Wynn Resorts has made history by becoming the first company to receive a commercial gaming license in the United Arab Emirates (UAE). On October 4, the General Commercial Gaming Regulatory Authority (GCGRA) granted Wynn the license for its ongoing project on Al Marjan Island, located in Ras Al Khaimah (RAK). The license will allow Wynn
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As of October 1, 2024, Dutch online gamblers are subject to a new set of stringent deposit rules to promote responsible gambling. The measures are part of the Netherlands’ ongoing efforts to ensure player protection, particularly focusing on deposit limits and encouraging self-awareness among players about their gambling behavior. The newly introduced rules include strict
Thailand is moving closer to legalizing casino resorts, as Deputy Finance Minister Julapun Amornvivat pushes for a comprehensive plan to establish entertainment complexes in the country. The finance minister has called on the customs, revenues, and excise departments to devise a tax-collection system for the proposed industry, with a plan expected to be ready by
The UK Gambling Commission (UKGC) has appointed two new experts, Dr. Virve Marionneau and Dr. Spencer Murch, to its Advisory Board for Safer Gambling (ABSG). This move is aimed at enhancing the board’s expertise in gambling harm prevention, especially as the gambling industry continues to evolve with new technologies and international regulatory challenges. The ABSG,
The Swedish gambling regulator Spelinspektionen has announced that the country’s channelization rate for the online gambling market has reached 86% for 2023, reflecting an improvement over the 77% recorded the previous year. This figure exceeds the forecasts made by several operators, including Aktiebolaget Trav och Galopp (ATG), which had predicted the rate would fall between
In response to new federal betting regulations, the Brazilian government implemented significant changes in September with the introduction of Normative Ordinance No 1,475. This ordinance allowed only operators who had already applied for a federal betting license and were actively operating to continue doing so until the official launch of the regulated market on January
Playtech, the leading provider of technology and content for the online gambling industry, has reported robust results for the first half of 2024, highlighting its successful expansion across key markets, especially in the U.S. and Canada. Total revenue for the six-month period ending June 30, 2024, increased by 5% to €906.8 million, with adjusted EBITDA
In August, both Nevada and Mississippi released their monthly gambling revenue reports, showing varying trends in their respective markets. While Nevada experienced a dip in overall gambling revenue due to a decline in slot machine activity, Mississippi saw growth in its retail sports betting market. These results offer insight into the shifting dynamics of gambling
Roberto Campos Neto, president of Brazil’s Central Bank, has voiced alarm over the exponential rise of online betting in the country, particularly highlighting the growing involvement of low-income individuals, including recipients of Bolsa Família. The dramatic uptick in Pix transfers to betting platforms, which has seen a surge of over 200% since January, is stoking
Recent findings from the American Gaming Association (AGA) reveal a dramatic rise in responsible gaming (RG) investments across the gaming industry. The research highlights that industry spending on RG programs has soared to $471.8 million annually, reflecting a significant 72% increase from $275 million in 2017. This rapid growth outpaces the increase in gaming revenues
The Swedish Gambling Authority (Spelinspektionen) is taking new steps to intensify its battle against illegal gambling outside the country’s licensing system. This move aims to protect Swedish consumers, public health, and tax revenues, which are threatened by unregulated gambling activities. The authority has announced that it will produce a comprehensive “situation description” to provide an
Within a year of legalizing online gambling in Canada, a surge in public complaints about the volume and content of gambling advertisements has raised concerns. A new study released by the Canadian Gaming Association (CGA) highlights that regulators may be acting more quickly than the available evidence supports. This could result in policies that don’t
The UK’s Advertising Standards Authority (ASA) has banned several social casino ads promoted on TikTok. The ads, created by SpinX Games Ltd, Dataverse Co Limited, Huuuge Global Limited, Mobee Co Ltd, and Zeroo Gravity Games LLC, were flagged for misleading consumers into thinking they could win real-world money. The ads in question showcased slot-like games
Steve Cohen, the billionaire hedge fund manager and owner of the New York Mets, has intensified his efforts to develop a casino and entertainment complex near Citi Field. His latest proposal, known as Metropolitan Park, seeks to transform the 50-acre parking lot west of Citi Field into a vibrant entertainment hub that includes a casino,
Just like your favorite store gives you a discount to make a purchase there, online casinos use bonuses to persuade players to come back. These incentives, which often come in the form of extra cash, free spins, and other special rewards, increase the enjoyment and satisfaction of the game for players overall. But how exactly
The Dutch government’s decision to raise the gambling tax will be implemented in two stages, significantly affecting licensees in the country’s regulated market. By 2026, the gambling tax rate will hit 37.8%, with a preliminary increase to 34.2% in 2025. This hike, according to a government report, aims to generate additional revenue of €202 million
Norway’s Conservative party (Høyre) has called for the end of the country’s state-run gambling monopoly. The party’s latest manifesto, published ahead of the September 2025 election, proposes a transition to a licensed gambling market, potentially opening the doors to market liberalization by 2028. Norway remains the last Scandinavian country to maintain a gambling monopoly, while
Authorities in the Philippines have launched a nationwide manhunt for Harry Roque, former spokesperson for President Rodrigo Duterte, as part of an investigation into illegal Philippine Offshore Gaming Operators (POGOs). Roque is accused of withholding critical documents related to his involvement with Lucky South 99, a POGO hub, and his role as its alleged legal
The CasinoBeats Summit 2024 is poised to bring together over 3,500 industry professionals from across the iGaming spectrum, making it one of the largest and most significant gatherings on the industry’s calendar. A three-day event starting from the 21st of May until the 23rd of May in an exquisite setting, i.e., Intercontinental Hotel of St.Julian’s,
The Philippines is on the brink of a major shift in its gambling landscape as the government prepares to issue an Executive Order (EO) banning all Philippine Offshore Gaming Operators (POGOs). According to Gilbert Cruz, Executive Director of the Presidential Anti-Organized Crime Commission (PAOCC), the order is expected to be released within two weeks. This
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